If you need assistance, please call 305-395-0814

$3,795,000
1501 Truman Ave, Key West, FL 33040
4 Beds
4 Baths
2,214 SqFt

Share

   
OR
Photos
Map
Prices are changing. Get a free home estimate     Find out now

powered by Etta

This is a fantastic investment opportunity in the sought-after and quiet neighborhood The Meadows in Key West. With a gross income close to $800,000.00 generated in the last 2 years, this property has proven to be a reliable source of revenue. The real draw is the 3transient licenses which allow for daily and nightly rentals, making it a prime location in one of the most desirable destination in the country. The shared indoor courtyard with a swimming pool adds to the appeal for guests. The property is a multiplex with 4 units each boasting a kitchen, living room, bedroom and bathroom. The 4th unit is rented at 3k a month on a yearly lease and the income is included in the total revenue.Recently renovated in 2018, the units feature dade county pine, engineered wood flooring, granite countertops, new kitchen cabinets, new appliances, new plumbing and new electrical making it move in ready for guests.Contact us today to schedule a viewing and take the first step towards owning a piece of paradise.
  • Price:
  • $3,795,000
  • Bedrooms:
  • 4
  • Full Baths:
  • 4
  • Square Footage:
  • 2,214
  • Acreage:
  • 0.10
  • Year Built:
  • 1928
  • Listing ID #:
  • 601346
  • Street Address:
  • 1501 Truman Ave
  • City:
  • Key West
  • State:
  • Florida
  • Postal Code:
  • 33040
  • County:
  • Monroe
  • Community:
  • 01 - Key West
  • Subdivision:
  • The Meadows (1.0)
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-family
  • Approximate Total Liveable Area:
  • 2214.00
  • Architecture Style:
  • A-Frame, Other Bldg Style
  • Building Condition:
  • Updated/Remodeled
  • Construction Description:
  • Frame, Other
  • Furnished:
  • Negotiable
  • Interior Features:
  • Dade County Pine, Granite Counter Top
  • Porch Description:
  • Deck, Open Porch/Balcony
  • Square Footage Source:
  • Property Data Card
  • Style:
  • Multi-Units
  • Year Built:
  • 1928
  • Conforms To Zoning:
  • Hmdr - Historic Medium Density Residential
  • Federal Flood Zone:
  • Ae
  • Lot Size:
  • Less Than 1/4 Acre
  • Lot Square Footage:
  • 4364.00
  • Days On Market:
  • 110
  • Property Taxes:
  • $9,098
  • Tax Year:
  • 2021
  • Garage Capacity:
  • 2
  • Parking Description:
  • Assigned Parking
  • Pool:
  • Yes
  • Pool Description:
  • In Ground
  • Appliances:
  • Dishwasher, Dryer, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
  • Heating And Air:
  • Wall/Window Unit(s)
  • Utilities:
  • Fkaa
  • Water View Description:
  • No Waterview
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Key West Luxury Real Estate Inc (kw)
  • UPKEYS

Similar Properties

Image Unavailable
$3,985,000
1200-1206 White St, Key West, FL 33040
6,268 SqFt
3 Beds | 6 Baths
UPKEYS Listing Provided By Truman & Co. (kw)